Paytm Payments Bank’s 0- Balance Current Account
It’s time to experience hassle-free banking with Paytm Payments Bank’s Current Account. The features of this current account have specially been designed by keeping in mind the need of 40 million small and medium enterprises in India, who do not have access to free current accounts. This Current Account is highly suitable for large businesses and corporate also. So let us see, why should you opt for Paytm Payments Bank’s Current Account?
- Earn interest on FD Balance on Individual Current Account
- No minimum balance requirement
- No hidden charges on transactions
- Real-time passbook updates
- Integrated bill payment services
- Hassle-free management of payments and money transfers from net banking panel
- Bulk Payment mechanism for salary or reimbursement disbursal and more
Benefits for Small and Medium Enterprises
It is a zero balance account, businesses who are unable to meet the minimum balance requirement in their current accounts and incur charges associated with it, will benefit from this current account. Account holders will also have access to free banking services and a user-friendly Net Banking Panel which is highly secure, to perform and track transactions. They can deposit money, unlimited number of times without incurring any charges. This feature is helpful to shop owners who receive a huge chunk of payments in cash on a daily basis. Also there is no restriction on number of transactions on a day.
Benefits for Corporate
Through the Net Banking Panel, corporate can perform various transactions with ease and without having to worry about tracking details and security. Corporate can customize the approval matrix as per the business needs. They can initiate bulk payments to transfer funds to employee’s bank accounts for salary, reimbursements or any other payments. So, now that you know about the advantages of Paytm Payments Bank’s Current Account, make sure you open your account today.
To know more about Current Account click here. For additional queries, write to corporate.helpdesk@Paytmbank.com.